AD Ryan Ivey agreed to a 4 year deal for $300K/yr + up to $15K in academic incentives, $15K in team performance incentives, and $25K in fundraising incentives.
Tech also paid SFA $149K to buyout Ivey's prior contract.
If either party terminates this contract, that party will owe the other 50% of the remaining value.
For comparison, Dr. Wood was making $335K/year with similar incentives, so the difference in salaries is basically the amount that Tech paid SFA in buyout money.
Tech also paid SFA $149K to buyout Ivey's prior contract.
If either party terminates this contract, that party will owe the other 50% of the remaining value.
For comparison, Dr. Wood was making $335K/year with similar incentives, so the difference in salaries is basically the amount that Tech paid SFA in buyout money.